Global drug giants double down on China amid trend to build self-reliant supply chains

Source: Tech – South China Morning PostAstraZeneca said it would establish drug manufacturing facilities in Guangzhou and Shanghai as well as a separate innovation centre in Shanghai, joining a group of foreign players building new plants in China amid geopolitical tensions.
The moves are part of a US$15 billion commitment the British firm pledged to make in the world’s second-largest drug market through 2030, unveiled during UK Prime Minister Keir Starmer’s visit to Beijing in January.
China’s manufacturing capabilities, integrated…Read More

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